Although the Exchange Traded Fund (ETF) business has grown in popularity with investors over the last decade, it remains a shadowy sector with certain technicalities. This research piece will discuss the origins of this notion and its subsequent trends by explaining its primary characteristics...

This research piece will discuss the origins of this notion and its subsequent trends by explaining its primary characteristics and theoretical background. To address the primary research question, we will conduct a comparative analysis of Smart beta ETFs, actively managed ETFs, and passive ETFs...